Plan Snapshot
- Plan Sponsor: Koerner Distributor, INC.
- Sponsor EIN: 371107566
- Sponsor Address: 1601 PIKE AVENUE, EFFINGHAM, IL, 62401
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $28.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 199 | $28.3M | $739,304 | $903,685 |
| 2023 | 188 | $25.2M | $706,473 | $846,621 |
| 2022 | 172 | $20.9M | $631,486 | $808,900 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DOEHRING, WINDERS & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEHRING, WINDERS & CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $152,719 | $83,420 | — | — | — |
| 2023 | $105,395 | $65,494 | — | — | — |
| 2022 | $92,678 | — | $92,678 | — | — |